US BioEnergy Announces Albert City Ethanol Plant Groundbreaking
The date of the groundbreaking ceremony was chosen to coincide with the summer festival of Albert City, which takes place on June 18. The slogan of this year's festival is "Fueling up for Growth."
"The response we've received from the people of Albert City has been beyond our expectations," said US Bio CEO Gordon Ommen. "We are truly pleased with how the community has embraced this project and we look forward to a long-lasting partnership."
Annually, US Bio Albert City will produce 100 million gallons of ethanol and 320,000 tons of dried distiller's grains, making it one of the largest plants in the state of Iowa. In order to meet those production levels, it will consume approximately 37 million bushels of corn per year that will come from within an approximate 45 mile radius of the site.
Dirt work at the 78.5 acre site near Albert City began in April and, following a 14-month construction cycle, the project is expected to be completed in September, 2006. Once operational, it will employ 40-45 people.
US Bio Albert City will be the first of many ethanol plants for US Bio. They will break ground on a plant in Lake Odessa, Mich., later this summer and are currently in the negotiation stages on a site in Minnesota for a proposed 100 mgy plant.
About US BioEnergy Corporation
US Bio is a Brookings, S.D. based corporation that is working to build and operate biofuel production facilities in the United States (http://www.usbioenergy.net). US Bio intends to build large, efficient plants on strategic sites, partnering with local farmers and co-ops wherever possible.
US BioEnergy Announces Albert City Ethanol Plant Groundbreaking
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